Corporate Governance
First Pension Custodian Nigeria Limited (FPCNL) recognizes that an effective governance framework is fundamental to sustaining public trust and confidence in our business. Accordingly, we have established a system that ensures proper and effective oversight of the company’s operations by the Board of Directors and other principal organs, in the collective interest of all stakeholders. As an organization, we remain committed to consistently adopting and upholding the highest standards of corporate governance culture at all times.

Codes and Regulations
At First Pension Custodian Nigeria Limited (FPCNL), we are committed to upholding the highest ethical standards and ensuring transparency in all aspects of our business operations. A strong culture of compliance is embedded within our processes, aligning with all relevant rules, practices, guidelines, regulations, legislations, and codes. Our Board is composed of members with the requisite academic qualifications, professional experience, and diverse exposure across various fields. Through regular oversight and policy direction, the Board diligently monitors compliance with statutory and regulatory requirements, thereby reinforcing accountability and sound governance across the organization.

Compliance with PenCom’s Code of Corporate Governance
First Pension Custodian Nigeria Limited (FPCNL) subscribes to the codes of corporate governance issued by the National Pension Commission (PenCom) and other relevant regulatory authorities. As a licensed Pension Fund Operator, the Company complied with the principles and practices outlined in these codes throughout the financial year ended December 31, 2025. FPCNL remains firmly committed to ensuring ongoing compliance with both the Nigerian Code of Corporate Governance (NCCG), released by the Financial Reporting Council of Nigeria, and PenCom’s circulars on corporate governance.